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20130124
20130201
Search Results 0 to 18 of about 19 (some duplicates have been removed)
. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week, we saw the president lay out his gold for what he wants the next four years-- or the next year at least to be. what is the republican counter to that? >> i think the republicans have recalbrighted their tactics but not their end goals. they're in favor of cutting spending without new revenues. paul ryan this morning said no new revenues. the president has gotten all the revenues he will get. they have doubled down on spending cuts. they say they have a plan that will balance the federal budget in 10 years. you can only do that without revenues if you have really devastating cuts on all kinds of domestic programs and we'll see if they're willing to deliver on that. >> ifill: one democrat today and repub
's direction and tired of partisan gridlock. chambliss had angered tea party forces when he supported tax increases as part of a plan to tame the federal deficit. wall street closed the week with another rally. the dow jones industrial average gained 70 points to close near 13,896. the nasdaq rose 19 points to close at 3,149. the s&p 500 finished above 1,500 for the first time since 2007. for the week, the dow gained nearly 2%; the nasdaq rose half a percent. those are some of the day's major stories. now, back to jeff. >> brown: we turn to israel, where prime minister benjamin netanyahu is working to build his coalition after tuesday's election. the contest saw a surprisingly strong showing from a centrist party led by a former television personality. margaret warner is in jerusalem. i spoke with her a short time ago. >> so margaret, a few days after the election what kind of government seems to be taking shape? >> jeff, i'm told that bebenetanyahu is trying to put together a very broad coalition, not relying just on the trawl religious and ultra conservative and settler movement crowd t
to make certain that there are no problems in terms of their background, to pay a fine, to pay their taxes, and then they would be here in a probationary status where they could not be deported. they could work. and we watched them as a number of other things evolve and progress under the bill. border security leading to green cards, leading to citizenship. >> woodruff: we hear some advocacy organizations saying, wait a minute. even that level of requirement is going to be a disincentive. they're not going to want to sign up if they have to pay a fine and so forth. >> well, i'll tell you. that's going to be part of it. we believe that these people who have lived here for so many years in fear and have tried to make a best of their lives and the lives of their families are prepared to earn their way into legal status and to citizenship. and the argument that they would not pay a fine and such, i really think that will not be a major obstacle. we went through this with the deferred deportation under the dream act. almost 400,000 people came forward. they paid the amount that was necessary. >
with their dollars that things are going to get better. now that taxes are increased, we've got to see how they're reacting to that, but up until this point, almost everything pointed to stronger consumer spending and that i take as a positive sign. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is that sector? >> well, to me i think housing is critically important, not simply because of whole construction which obviously powers an awful lot of jobs but when you consider all the people who have been underwater for so long and they have this negative wealth effect, we talked about the fact that 401(k)s are going up. if they see house prices going up they feel an awful lot better as well. so i think this strength in the housing prices are really the most important factor out there and it's spread really across the country. not quite as strong as what's
Search Results 0 to 18 of about 19 (some duplicates have been removed)